MENU

Here are 5 top retail shares I would buy today

The retail industry has been going through a tough time of late with changing consumer habits and lower foot traffic. This has made life increasingly difficult for the likes of Godfreys Group Ltd (ASX: GFY) and Myer Holdings Ltd (ASX: MYR).

But not all retailers are struggling. In fact, the five retail shares listed below have very positive outlooks at present. Here’s why I think they are worth buying:

Accent Group Ltd (ASX: AX1)

This footwear retailer recently delivered an impressive half-year result despite the arrival of Amazon in Australia. I expect more of the same in the future thanks to the fact that a good portion of its revenue comes from licensed brands that no other retailer, Amazon included, can sell in Australia.

Baby Bunting Group Ltd (ASX: BBN)

This baby products retailer has been a victim of its own success this year and is suffering from the clearance sales of closing competitors. But with trading conditions now improving, I expect a strong profit result in FY 2019 and beyond as its wins the vacated market share.

Lovisa Holdings Ltd (ASX: LOV)

This fashion jewellery retailer is on fire at the moment and delivered an impressive half-year result last month. I think this strong run still has a lot of legs thanks to its international expansion plans, especially if it makes inroads in the lucrative U.S. market.

Noni B Limited (ASX: NBL)

I thought that this mature women’s fashion retailer delivered one of the best half-year results in the sector during earnings season when it posted revenue of $193.2 million and underlying EBITDA of $22.1 million. This was a 35.1% and 54.5% increase, respectively, on the prior corresponding period.

Premier Investments Limited (ASX: PMV)

Last week this retail conglomerate’s shares raced to a 52-week high after it posted record underlying earnings before interest and tax of $102.5 million, up 10.2% on the prior corresponding period. The main driver of this growth was its Smiggle and Peter Alexander brands once again. I believe Smiggle, in particular, has enormous growth potential that will allow the company to achieve similarly strong results in the future.

Looking for more investment options? Then don't miss out on these stellar stocks which are roaring higher this year.

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Premier Investments Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!